
Ohana Real Estate Acquires LaCantera Resort
La Cantera Resort & Spa recently sold to affiliates of Ohana Real Estate Investors for an undisclosed purchase price, according to USAA Real Estate. The Resort has been a part of USAA Real Estate’s portfolio and the cornerstone of the 1,700-acre La Cantera community since the firm developed it in 1999.
USAA Real Estate re-imagined and transformed the property from 2015 to 2016, enhancing all of the amenities in the Resort’s 630 acres. This includes venues such as Signature Restaurant, Loma de Vida Spa, five pools, and 36 holes at the Resort Course and Palmer Course.
“La Cantera Resort is and will always be special to USAA Real Estate because we developed and nurtured it for decades in our own back yard, giving it an unrivaled sense of place in our La Cantera master development,” says Len O’Donnell, USAA Real Estate president and CEO. “We took particular care to ensure that the new owners would be the ideal stewards of the property, and as such, we could not be more pleased to have concluded this transaction with Ohana.”
The Resort sits atop one of the highest points in San Antonio with 496 guest rooms and suites including 34 Villas, and 127,000 square feet of indoor/outdoor meeting and event space.
- ◦Sale/Acquisition